The Wealth Consulting Group

11/12/2024

“It's not out of the woods for the Fed to say ‘Hey look, we've cut a little, let's pause and then cut some more,” said our CIO, Jim Worden, CFA, CMT, CAIA on Bloomberg Radio following the November Fed meeting.

During the interview, Jim also discussed how to position into year-end after the Fed’s latest rate cut and presidential election results, opportunities in industrials, financials, and real estate and investment strategies to consider.

Listen to the full segment beginning at 30:00 for more insights: https://loom.ly/yfFvruE

Carol Massar and Tim Stenovec bring together the latest news from the world of business and finance and the interesting stories.

11/11/2024

On this Veterans Day, we extend our deepest gratitude to the brave men and women who have served and sacrificed to protect our freedoms. Your courage, dedication, and unwavering commitment to our nation inspire us all. Today, we remember and honor you. Thank you for your service.

11/11/2024

Today is the Day! 🎉

Get ready because the first-ever episode of The Bull of Wall Street Podcast is being recorded today! 🚀 With special guests Ryan Detrick, CMT and Daniel Ives, we’re gearing up for an incredible launch.

Be on the lookout for the official release date, and get excited for expert insights and discussions coming your way soon! Stay tuned!

11/09/2024

Get Ready for the FIRST EVER Episode of The Bull of Wall Street!

This Monday, November 11, join us as Ryan Detrick and Dan Ives kick off our new podcast with a deep dive into the latest market trends!

🔹 Ryan Detrick, CMT: Carson Group’s Chief Market Strategist and co-host of Facts vs Feelings, Ryan’s market expertise and insights are unmatched. He’s a staple on CNBC and Bloomberg and a true financial thought leader.

🔹 Daniel Ives: A top tech analyst and Managing Director at Wedbush Securities, Dan covers it all—from EVs to cybersecurity. Recently named Wall Street’s “Best Dressed,” he’s a frequent expert voice on CNBC, CNN, and across the globe.

Be part of podcast history with us on Monday—don’t miss this launch episode packed with must-know insights!

11/07/2024

How will shifting political power affect the market outlook for the rest of 2024? On Schwab Network, our CIO, Jim Worden, CFA, CMT, CAIA, highlighted the stocks and sectors he’s watching including financial services, industrials and more.

Jim also offered his insights into Fed policy going forward, anticipating the Fed will cut interest rates by 25 basis points in November and again in December—though resilient consumer spending could pave the way for a cut and eventual pause. For more, watch the full interview here:

"Markets love certainty," says Jim Worden of the Wealth Consulting Group, and Donald Trump's election into office proved it. He expects this rally to be just one in a continuing bull market. Jim also weighs the rate cut potential from the Fed.

11/06/2024

Happy Birthday to our incredible CEO, Jimmy Lee! Your vision and leadership have been instrumental in WCG's success, and we're grateful for all you do. Here’s to a fantastic year ahead! 🎉

11/05/2024

We’re thrilled to introduce "The Bull of Wall Street," a new podcast from our CIO Jim Worden, Chief Market Strategist Talley Legér, and CEO Jimmy Lee! Tailored for advisors, especially our WCG Team, this podcast delivers exclusive insights from our Investment Strategy Committee on market outlook and strategies.

Don't miss our first episode! We'll be recording on November 11th at 1PM PT with special guests Dan Ives and Ryan Detrick, both renowned analysts with extensive followings and frequent appearances on top financial news outlets.

We can't wait to share this journey with you, bringing valuable insights to support our advisors' businesses!

10/31/2024

Happy Halloween! 👻 Did you know that Halloween dates back over 2,000 years to the ancient Celtic festival of Samhain? It was believed to be the time when the boundary between the living and the spirit world was thinnest, making it a perfect night for spooky tales and festive fun.

As you enjoy this evening of costumes, candy, and celebration, remember to:

🕷️ Stay safe: Watch out for trick-or-treaters on the move and be mindful of your surroundings.
🍬 Have fun: Whether you're enjoying treats at home or at a Halloween event, make the most of it!

And remember—don’t let your finances haunt you! We're here to help with any questions that may be lingering.

Wishing you a happy and safe Halloween!

10/30/2024

“I think the challenge is to force ourselves to take profits from some of those darlings and reallocate into the laggards,” said our Chief Market Strategist, Talley Leger, on Bloomberg Surveillance, pointing to domestic value cyclicals like industrials and global plays like materials.

Watch the full interview starting at the 1:22:30 mark for more insights on the “Mag 7” concentration risk and his earnings outlook as 5 of these heavyweights report this week: https://loom.ly/MjxRRBE

Bloomberg Surveillance hosted by Tom Keene and Paul SweeneyOctober 29, 2024Featuring:• Stephanie Roth, Chief Economist at Wolfe Research, looks ahead to Fri...

10/30/2024

Every year, WCG’s leadership team gathers at our Las Vegas headquarters to reflect on the past year and plan for the future. Today marked the beginning of three days of strategic planning. Feeling grateful for this strong team and excited for what’s ahead!

10/08/2024

Is the Goldilocks economy back?

WCG Chief Market Strategist, Talley Léger, shared insights with Barron's, highlighting how a reaccelerating economy and Fed rate cuts are driving stocks higher. He suggests moving away from defensive plays and focusing on more cyclical, economically-sensitive sectors like industrials, materials, financials, and consumer discretionary stocks.

Check out the full article for more of his take on the current market outlook: https://loom.ly/CNcUCM4

A healthy labor market and more Fed rate cuts should give retailers and other consumer discretionary stocks a boost.

10/04/2024

Last week, The Wealth Consulting Group hosted our annual Growth Conference in Newport Beach, CA. It was an amazing opportunity for our advisors and partners to connect, exchange insights, and explore new strategies to better serve our clients.

We had inspiring sessions on market trends and wealth management, and plenty of time for meaningful conversations and great food. These moments of learning and collaboration reflect the strength of our firm and the power of working together.

We're excited to apply what we’ve learned and continue growing with our clients! 🌟 And thank you to our sponsors PIMCO, Invesco US, Pareto Systems, First Trust, State Street Global Advisors, DWS Group, and Hartford Funds - we are grateful for your support.